Legal Question in Credit and Debt Law in California

statue of limitation on auto repossession

I had a car repossed back in 1995. I was told I owed apox. $3,800 for the balance at that time. I was just notified that I am being garnish of my wages for $12,000 due to interest (only a guess). This issue has already been cleared on my credit report. I was never served anything regarding a garnishment. I am guessing the repo is the reason as I have no other back depts. I am legally still responsible for this money after ten years?


Asked on 10/12/04, 2:55 pm

1 Answer from Attorneys
Chris Johnson Christopher B. Johnson, Attorney at Law

Re: statue of limitation on auto repossession

The garnishment wouldn't be allowed without a judgment against you, and judgments are valid for ten years, and renewable for another 10 year term. Check with an attorney to see whether a judgment was indeed obtained, and if so, try to negotiate a lower lump sum payoff. If there is no judgment, the statute of limitations has likely run.

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Answered on 10/13/04, 12:35 am


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